3908 N Bernard StChicagoIL60618
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3908 N Bernard St, Chicago, IL, 60618 in Chicago earns its strong cash-flow label: 10.22% yield, $5,704/mo rent, $1,056/mo net income, DSCR 1.80. The $670,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $185,109 by year five. Combined with $5,617/yr in principal paydown, total projected return reaches $311,677.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.1% |
| Monthly Cash Flow | $1,056 | $850 |
City averages based on Chicago market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $5,704 |
| Total Monthly Debt Service | $4,544 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
4,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60618, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,449 (100%) |
| Owner Occupied HU | 17,253 (42.7%) |
| Renter Occupied HU | 19,862 (49.1%) |
| Vacant Housing Units | 3,334 ( 8.2%) |
| Median Home Value | $543,001 |
| Average Home Value | $610,118 |
Housing Distribution
Address Breakdown
Residential
33,669
Single Family
18,656
Multi-Family
15,013
Businesses
2,411
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
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Nearby investment properties with comparable prices
